Security State Bank
FDIC #12592
📍 Basin, Wyoming
Security State Bank is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in 06/01/1929. With assets of $425.28 Million, it operates 5 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: April 29, 2024
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
April 29, 2024
Satisfactory
March 8, 2021
Satisfactory
June 13, 2016
Satisfactory
💰 Financial Strength
Total Assets$425.28 Million
Total Deposits$354.43 Million
Equity Capital$22.87 Million
Net Income$1.21 Million
📈 Performance
ROA0.37%
ROE6.10%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established06/01/1929
FDIC Cert12592
Holding CoFinancial Security Corp
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
📜 Institutional History
2006
Name Change
Name became: Changed Institution Name To Security State Bank.
1998
Relocation
Moved HQ to: 201 South Fourth Street, Basin, WY 82410.